We exploit homogeneous firm level data of manufacturing and non-manufacturing sectors to study the impact of firing restrictions on job flow dynamics across 14 European countries. We find that more stringent firing laws dampen the response of job destruction to the cycle, thus making job...

In this article, we estimate the structure of costs of hiring, terminating, and retiring employees in France. We use a representative panel data set of French establishments that contains direct measures of these various costs as well as measures of entries and exits for the years 1992 and 1996....

The objective of this article is to study the behavior of German HR managers in the wake of the global crisis. Some criticize them as humble hangmen who simply execute the orders of top management—killing jobs and laying off people. Others praise them as intelligent problem solvers who did an...